​​Ethema Health Boosts Capacity to 600 Beds, Eyes Medicaid Market with Edgewater Acquisition

Ethema Health Corporation (OTCQB: GRST) has agreed to buy Kentucky-based alcohol and substance use disorder (SUD) provider Edgewater Recovery Center. The terms of the deal were not disclosed.  Florida-based Ethema had previously set a target of expanding to 500 beds by the end of 2025. The deal significantly exceeds that goal, boosting the provider’s capacity […]

Transactions: Monte Nido Expands Portfolio With Walden Deal; Caravel, Advanced Recovery Systems Secure Credit Facilities

Monte Nido purchases treatment provider Eating disorder treatment provider Monte Nido & Affiliates has announced that it has purchased Waltham, Massachusetts-based Walden Behavioral Care. Financial terms of the deal were not disclosed. Founded in 2003, Walden provides eating disorder treatment and psychiatric care for children, teens and adults at facilities in Massachusetts, Connecticut and Georgia. […]